Essay
TRL4864 ASSIGNMENT 2 2024 ESSAY
- Institution
- University Of South Africa (Unisa)
TRL4864 ASSIGNMENT 2 2024 ESSAY
[Show more]
1 review
By: musandiwa93 • 2 months ago
By: tatendamuzavazi • 2 months ago
Thank you for a review, for further assistance with other modules, get in touch
Content preview
TRL4804 ASSIGNMENT 2 2024AN ESSAY ASSIGNMENT WITH EXAMPLES
, Table of Contents
TITLE: Logistics costs optimisation in South Africa .................................................... 3
Details of the author ................................................................................................... 3
Introduction ................................................................................................................ 3
Transportation Economics and Pricing Factors to Reduce Transport Costs ........... 3
Route Optimization.............................................................................................. 3
Freight Consolidation .......................................................................................... 4
Negotiation with Carriers ..................................................................................... 4
Load Planning ..................................................................................................... 4
Technology Integration ........................................................................................ 4
Fuel Management ............................................................................................... 4
Outsourcing vs In-House ........................................................................................ 4
Dynamic Pricing Models ...................................................................................... 5
Economic Advantages of Strategic Warehousing ................................................... 5
Reduced Inventory Holding Costs ....................................................................... 5
Improved Order Fulfilment .................................................................................. 5
Enhanced Inventory Management ...................................................................... 5
Lower Transportation Costs ................................................................................ 6
Scalability and Flexibility ..................................................................................... 6
Cost-Efficient Sourcing ........................................................................................ 6
Risk Management ................................................................................................... 6
Appropriate Materials Handling Systems to Reduce Labour Costs ..................... 6
Automation .......................................................................................................... 7
Warehouse Management Systems (WMS) ......................................................... 7
Lean Materials Handling ..................................................................................... 7
Ergonomic Equipment ......................................................................................... 7
Training and Development .................................................................................. 7
Inventory Layout Optimization ............................................................................. 8
Cross-Training Employees .................................................................................. 8
Real-Time Data Utilization................................................................................... 8
Conclusion ................................................................................................................. 8
References ................................................................................................................. 9
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R85,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79271 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now